How much does John Gillman & Sons (Electrical) Limited make?

John Gillman & Sons (Electrical) Limited reported revenue of £48.9m and a loss of £1.8m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does John Gillman & Sons (Electrical) Limited have?

John Gillman & Sons (Electrical) Limited reported an average of 88 employees in the year to 31 Dec 2023.

Is John Gillman & Sons (Electrical) Limited profitable?

No — John Gillman & Sons (Electrical) Limited reported a loss of £1.8m in the year to 31 Dec 2023.

Company No. 01670406 · Incorporated 7 Oct 1982

John Gillman & Sons (Electrical) Limited

Registered name: JOHN GILLMAN & SONS (ELECTRICAL) LIMITED

Part of Araka Holdco 5 Limited group

John Gillman & Sons (Electrical) Limited made £48.9m revenue and a £1.8m loss in the year to 31 Dec 2023.

John Gillman & Sons (Electrical) Limited’s revenue fell 20% to £48.9m in the year to 31 Dec 2023, with a loss of £1.8m and 88 employees. The company is classified under “retail sale of electrical household appliances in specialised stores” and is based in Brighton; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47540Retail sale of electrical household appliances in specialised stores

Status: In Administration
Location: Brighton, South East
Age: 44 yrs · since 1982
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “ARAKA Investco 5 Limited”

Latest accounts · year to 31 Dec 2023

Key figures

Capital-light

Revenue

£48.9m

Growth ▼20.3%

Profit

−£1.8m

Growth —

Profit margin

−3.8%

Gross 17.3%

Employees

Change ▼22.8%

Profit / employee

−£20.9k

Revenue/employee £556k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£71.3m	£61.3m	£48.9m
Cost of sales	£58.4m	£52.7m	£40.5m
Gross profit	£12.8m	£8.7m	£8.4m
Operating profit	£3m	−£3.2m	−£1.5m
Profit before tax	£3m	−£3.5m	−£1.8m
Profit after tax	£2.4m	−£2.8m	−£1.8m
Profit (best available)	£2.4m	−£2.8m	−£1.8m
Staff costs	£5.1m	£4.1m	£3.2m
Employees (average)	163	114	88
Ratios
Profit margin	3.4%	−4.5%	−3.8%
Gross margin	18%	14.1%	17.3%
Revenue per employee	£437k	£538k	£556k
Profit per employee	£15k	−£24.3k	−£20.9k
Growth (year on year)
Revenue growth	—	▼13.9%	▼20.3%
Profit growth	—	▼213.4%	—
Headcount growth	—	▼30.1%	▼22.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.1m	£1.5m	£173k
Net assets	£19.3m	£11.5m	£9.3m
Fixed assets	£805k	£52.1k	£227k
Current assets	£34.4m	£28.8m	£24.5m
Debtors	£9.8m	£7.1m	£5m
Deferred income	£1.2m	£2m	—
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: −3.8%; Profit ÷ revenue.
Gross margin: 17.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £556k; Revenue ÷ average employees.
Profit per employee: −£20.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.2%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼19%; Now £9.3m
Cash at bank: ▼88%; Now £173k
Headcount: ▼23%; Now 88
Deferred income: —; Now —
Fixed assets: ▲335%; Now £227k

Corporate ownership

Group structure

Ownership chain

Araka Holdco 5 Limitedultimate parent75–100%
Araka Investco 5 Limited75–100%
John Gillman & Sons (Electrical) Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

Domestic Appliance Distributors LimitedActive - Proposal to Strike offFigures not disclosed
Iceking LtdActive - Proposal to Strike offFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2023 (profit −£1.8m), from the Companies House accounts bulk data published Dec 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.